Hitting For The Heublien Building Penthouse Cycle (#PH3)October 1, 2009
We’ve featured the Heublien Building penthouse lofts number one and two in the past, so we might as well hit for the cycle with number three (601 4th Street #PH3).
Purchased for $1,500,000 in October 2006 (and then possibly remodeled), on the market and asking $1,498,000. And yes, it’s Evan Williams’ old pad.
∙ Listing: 601 4th Street #3P (2/2) – $1,498,000 [MLS]
∙ The Heublien Building Lofts (601 4th Street) [SocketSite]
∙ A Truly Unique San Francisco Space And Penthouse: 601 4th St PH1 [SocketSite]
∙ Penthouse Number Two Of Three Atop Six Zero One Fourth [SocketSite]
Comments from Plugged-In Readers
You can’t hit for the cycle without a homerun.
[Editor’s Note: You can when the “penthouse cycle” only includes three units.]
Who is Evan Williams?
People live there???! I thought it was a warehouse.
lol…I like how you can see the palms from your “private” deck
Evan Willams is the founder of Twitter
Nice place but mispriced by $150-200k.
looks like almost 10% of the bldg is up for sale…
Looks like just over 5% (unless there are unlisted ones currently on the market). There are 86 units in the building, 5 are currently listed on the MLS.
601 4th is a good, solid building. I’m sure the Evan Williams connection doesn’t hurt the property.
Interesting comment on the PH2 thread:
“A friend lived in PH3 in the late ’90s. As much as I like the idea that these are genuine penthouses, unlike 95% of top floor units described as such, there are some real disadvantages to the roof layout. The rocks-covered roof radiates tremendous amounts of heat, it was often stifling out there and in his unit. Also, there was no sheltered path from the elevator to the penthouses, a real inconvenience in wet and windy weather.”
Isn’t it a little bourgie to call a 4th floor condo a “penthouse”? I mean, maybe if it came with a magazine subscription…
A friend is in contract to purchase a unit in this building. I have been trying to advise the family even though this is a solid building, the timing is not right and that they should wait for another 12-18 months. Thoughts?
They will ignore you.
Then later, when you are proved right they will hate you and you will have lost some friends.
That’s why I save my doomerism for anonymous internet chat boards.
No good deed goes unpunished.
agree with diemos. People have even made bets with me (e.g. back in 2008 — “I bet you that housing prices will only drop for the next 6 months, then they will zoom off into the stratosphere again; you have no idea what you’re talking about!”). I say leave it alone — if they’re sold on buying it, you’re not going to convince your friend otherwise.
This actually made the Huffington Post, I’m not sure why…
He moved to Noe, anyone know where?
The listing for 601 4th Street #3P is once again active at $1,498,000 ($836 per square foot) while the sale of 601 4th Street #2P closed escrow three days ago at $663 per square ($785,000).
Comments are closed.